CBA 1.54% $118.87 commonwealth bank of australia.

the payment pandemicso far i have been give 50k tax back for my...

  1. 2,025 Posts.
    lightbulb Created with Sketch. 420
    the payment pandemic

    so far i have been give 50k tax back for my small business + today a physical payment of 48k for Aprils job keeper allowance
    17500 for pay roll due back soon and payroll exemption to continue for a bit
    will also receive another 50k weekly with holding tax credit at end of the quarter,

    i don't think ill get the job keeper this month as i am not going to be 30% down on last year, it appears ill be 30% up as the virus has not effected home improvements locally in WA infact its seen a boost in people spending on fixing up there homes

    i have kept all my workers on, no one took a pay cut, they did work a 4 day week for April put they will all be back to a 5 day week by next Friday

    i might put all the money the governments given me into CBA stocks,

    restaurant owners, hotel owners and tourism business owners are the worst hit along with the airlines, most the workers of these sectors are still able to get buy on accumulated holidays and job keeper as we now appear to be easing restrictions. Most people will be making good on any loans and payments they have as they are going to be returning to work

    the government is alos looking to turn the tap off as quick as possible so it looks to me like AUS again has done well in a time of chrisis

    us market is up more than 50% from its low, aus is still down, with banks being the biggest drag imo, they are effected much worse than us, yet seem to be more forward thinking

    market will go to 5800-6000 points by June 30 and hold and the gains will be in the banking sector imo

    the best time to buy a market darling stock like cba is when no one wants it

    YES it could go to $55 or 53.5 again, but the only thing we get from picking the bottom is a stinky finger
    for me its 75% chance sp is already within 10% of the bottom

    i need 233 more shares before June 30 if todays news didnt drop us to $55 what will Q4 results?
 
watchlist Created with Sketch. Add CBA (ASX) to my watchlist
(20min delay)
Last
$118.87
Change
-1.860(1.54%)
Mkt cap ! $198.9B
Open High Low Value Volume
$119.02 $119.50 $118.08 $225.3M 1.902M

Buyers (Bids)

No. Vol. Price($)
2 2724 $118.84
 

Sellers (Offers)

Price($) Vol. No.
$118.88 50 1
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
$118.80
  Change
-1.860 ( 1.40 %)
Open High Low Volume
$119.27 $119.47 $118.08 225865
Last updated 15.59pm 24/05/2024 ?
CBA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.